Think piece · 3 pages · by Dr. Lianne Lefsrud

What is the value of risk management?

How do you prove the value of an accident that never happened?

Effective risk management is an effortful non-event, which makes its value hard to prove. In this think piece, Dr. Lianne Lefsrud weighs the cost of workplace incidents in Canada, the U.S. and Europe against the productivity, quality and valuation gains of mature risk management, and explains why it needs dedicated senior executive attention.

Download the PDF Book a discovery call

What workplace incidents cost economies in Canada, the U.S. and Europe, and how accidents drag down sales, profit margins and growth.
How mature risk management lifts operational reliability, safety performance, productivity and quality.
Why companies with mature risk management systems are valued as much as 25% higher, and why only 3.4% of organizations get there.
Why risk professionals are enablers of performance and innovation, not barriers to it.

Who should read it?

Executives and boards weighing risk management as an investment, and risk leaders who need to make that case.

Solution

Tiered Risk Prioritization for Capital and Operational Decision-Making

Solution

Declutter Key Performance Indicators

Video

What is the value of risk management?

Who should read it?

Related

Tiered Risk Prioritization for Capital and Operational Decision-Making

Declutter Key Performance Indicators

What is the value of risk management?

What is your data trying to tell you?